Estate Planning- Asset Protection Planning Methods

Estate Planning- Asset Protection Planning Methods

An asset is anything already of value, or a resource of value that can be turned into cash at any time. Assets may be owned by individuals, companies, or the government. It may contain economic value, or future benefit. Future cash benefit assets may be something such as a company, or a patent. So how do you determine the different categories of assets?

Utah Adoption Law Explained (Ultimate Guide)

The adoption process in any state is overwhelming.

Anyone who’s gone through it will attest. But if you educate yourself as much as possible beforehand – and during – the process, you’ll be in much better shape. With the help of an adoption attorney St George Utah, you’ll navigate your adoption journey with greater ease.

Do All Assets Go Through Probate

Assets that generally do not go through probate are 1) jointly owned assets that transfer to the surviving owner; 2) assets that have a valid beneficiary designation; and 3) assets that are in a trust. However, these assets do not always avoid probate. Not All Assets...
What Is Probate?

What Is Probate?

Probate is the court-supervised transfer of property from a deceased person (decedent) to his or her heirs and beneficiaries. If the decedent had a will, the will specifies who receives the decedent’s estate. If the decedent did not make a will, state law identifies...